Dow Updates

Daily Futures Commentaries: [Mini Dow Jones] 23/9/2019 - Testing technical correction, below 26875 for more downside

InvestorsDoctor
Publish date: Mon, 23 Sep 2019, 12:14 PM
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23/9/2019
 
*US Mini Dow Jones Dec 19*
 
Yesterday close: 26894 -184
 
DJI ended lower on last Friday after news that Chinese officials were cutting short their visit to the U.S., dampening hope around trade negotiations between the two countries. 
 
Hourly chart formed a range in a bullish wave, close below 26875 to trigger technical correction.
 
*Classic Support & Resistance*
Support: 26870 26670
Resistance: 27180 27310
 
*Recommended trading plan today:*
1. Buy 27046, stop 27021, profit 27071/27096/27121
2. Look for sell signal below 26875
 
*Margin Requirement (per lot):*
USD 6050
 
Disclaimer: For idea sharing only, trade at your own risk
 
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